Exploring Global Health Care Cost Drivers: Hong Kong and Taiwan
8–9:30 a.m. EDT
Health care cost growth is a global issue. Regardless of the structure of their systems—public, private, or some combination—countries all over the world have to evaluate and address varying degrees of health care cost growth. The Academy’s Exploring Global Health Care Cost Drivers webinar series explored comparative experience with health care cost trends and drivers of cost increases worldwide.
This webinar took a look at health care systems in Hong Kong and Taiwan, with a focus on health care cost trends. Panelists examined successes and challenges that both systems have experienced as they have worked to identify and address particular cost drivers.
Panelists explored some of the following topics for Hong Kong and Taiwan:
- The health care financing system;
- Efforts to address health care costs;
- Unique programs or aspects of the system that could be relevant to other systems;
- Examples of successes and challenges in each of the health care systems;
- Metrics used to measure health outcomes; and
- Anticipated changes and the impact of future health care cost trends.
This webinar series was presented jointly by the Academy's Health Practice International Committee and the International Actuarial Association Health Section (IAAHS). The next webinar in this series is scheduled for Oct. 5, and will feature France and the U.K.
View information about and materials from the first webinar of the series, featuring Israel and the Netherlands; the second webinar, featuring South Africa and the United States; the third webinar, featuring Australia and Singapore; and the fourth webinar, featuring Canada and Chile.
- This webinar was free for Academy and IAAHS members.
- Nonmembers paid a registration fee for the webinar. The webinar registration fee was equivalent to the IAAHS annual membership fee ($50 Canadian). Joining the IAAHS will allow you to participate in all IAAHS-sponsored webinars this year.
Actuarial Society of Hong Kong
Alexander T. Leung, MAAA, FSA
Health Practice International Committee, American Academy of Actuaries
Susan Mateja, MAAA, FSA
Chairperson, Health Practice International Committee, American Academy of Actuaries
ABOUT OUR GUEST PRESENTERS
Lawrence Tsui was born in Sydney, Australia and graduated from the actuarial program at Macquarie University. He qualified as a fellow of the Institute of Actuaries of Australia in 1997, joined Swiss Re in the same year and has worked for Swiss Re in Australia, Switzerland, Singapore, and Hong Kong.
He is currently global products actuary for risk products, responsible for costing and development of life and health risk products (mortality, disability, critical illness, medical, etc.) for Swiss Re across the globe.
During his career, Tsui has been heavily involved in the pricing, product design and risk management of life and health business with a particular focus on Asian markets. He is the author or co-author of various papers and has presented at various industry conferences in Asia and Australia on topics related to cancer, health care, longevity, and behavioral economics. Tsui has been a member of the Actuarial Society of Hong Kong (ASHK) Health care Section since 2011 and is the ASHK's liaison for the International Actuarial Association Health Section.
Alexander T. Leung, MAAA, FSA
Alex Leung is a management consultant and advisor to a number of health care and insurance organizations in the U.S. and across Asia. In his work, he has advised both public and private health care payers and providers and led projects on program strategy, product management, and analytics.
Previously, Leung served in leadership roles at successful health insurance technology startups such as Collective Health and CXA. He had also been a health care consultant with the World Bank and Deloitte Consulting. In particular about his work with the World Bank, he supported initiatives with the WHO and the Government of China on a project to assess opportunities for China’s health system reform. As part of the project, he led in-depth case study and analysis that reviewed the institutional capabilities of Taiwan’s national health insurance system.
Outside of work, Leung is an elected member of the International Actuarial Association Health Section Committee and has been an active participant of the American Academy of Actuaries Health Practice International Committee. He has contributed to a number of papers on international health care topics for various publications. In the past, he also volunteered with the Society of Actuaries Health Section and served on the Board of Directors for Tri-City Health Center, a not-for-profit community health center in the San Francisco Bay Area.
Leung holds a MBA from UC Berkeley and a BS in Mathematics from UCLA. He is a member of the American Academy of Actuaries and a fellow of the Society of Actuaries. He currently resides in Taipei with his family after a relocation from the U.S. to Taiwan in late 2014.